Tag: Stocks

In late May, the U.S. Commerce Department added Huawei Technologies to its Entity List, saying they believe Huawei has been involved in activities contrary to the national security or foreign policy interests of the United States and can’t any longer buy components from U.S. companies.

The jab on Huawei was just Trump seeking more leverage in the ongoing US-China trade war saga.  Companies, in particular the semis have started to report lower guidance.  For example, Nvidia and Intel  recently lowered their guidance.  The latest company to make an announcement regarding lowered guidance was Skyworks Solutions.  However, one company, Quovo, that gets

Albermarle was once a high flyer, but has fallen back to earth. I missed out the on initial leg up, but the beautiful thing about the Markets is it always gives you opportunities if you pay attention to it.

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Its Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties, as well as reagents, such as butyllithium and lithium aluminum hydride for applications in lithium batteries for consumer electronics and electric vehicles…OK, I’m going to stop here.

The race by Tesla Inc., Samsung SDI Co. and

I have been looking for a stock to short in the Basic Materials sector for weeks based on my sector analysis that I perform each week and I may have just found one.

SPDR Sector Relative Strength Analysis Report For Week Starting 6/3/19

On May 14, U.S. President Donald Trump credited hit tariffs on imported steel with rebuilding the U.S. steel industry, which he said is now “booming.” However, shares of North Carolina steel producer Nucor Corporation are down 25.9 percent in the past year, and one analyst double downgraded the stock on Friday.Bank of America analyst Timna Tanners downgraded Nucor from

The sell-off in U.S. stocks may get uglier as President Donald Trump’s trade war escalates at a time when the market is far from cheap, RBC Capital Markets says.A 10% correction of the S&P 500 Index from its April peak to 2,650 is becoming more likely, according to strategist Lori Calvasina. The equity gauge is about 4% above that level. Investors should take a more defensive stance, with the firm upgrading utility shares, while cutting its recommendation on commodity producers, she said in a note to clients Friday.Should the index retreat to 2,650, that would erase half the gains from

The threat of a global slowdown looms, due mostly to tough trade negotiations between the U.S. and China. And as usual, markets price stocks with the forward valuations in mind.Already, resource stocks are down in anticipation of slower economic activity ahead. Some companies tried to head off the decline in stockholder value by splitting up their units to realize the value of the parts. DowDuPont (DWDP – Get Report) split off Dow on April 1 but its shares keep falling.DowDuPont dipped suddenly in the last month, potentially due to nervousness over the reverse share split. More likely, markets are over-reacting